For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

HDFC Bank Revises FD Rate Lower For Second Time In A Month

|

Considering the RBI's nudge to pass on the rate cuts to end consumers, banks have been revising their deposits as well as lending rates lower. And this time, HDFC Bank has for the second time in a month has revised its interest rate lower:

HDFC Bank Revises FD Rate Lower For Second Time In A Month
 

The new rates are effective from August 30,2019:

FD Tenure Interest rate
7-14 days 3.5%
15-29 days 4.25%
30-45 days 5.15%
46-60 days 5.65%
61-90 days 5.65%
91 days- 6 months 5.65%
six months one day to nine months 6.25%
nine months one day to less than 1 year
6.35%.

For FDs with higher tenure

FD Tenure Interest rate
1 year 6.9%
one year one day to two years 6.8%
2 years 1 day to 3 years 7.1%
3 year 1 day to 5 years 7%
5 years 1 day to 10 years 7%

GoodReturns.in

Read more about: hdfc bank fd fixed deposit
Story first published: Friday, August 30, 2019, 13:23 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more